Employers are throwing their weight around on drug pricing
Washington’s fight over the cost of medicine is getting interrupted by a sleeping giant: the companies that pay for about 150 million Americans’ health care.
As STAT’s Nicholas Florko reports, a slew of large employers have formed an advocacy group to go after the rising cost of medicine. And the group, called EmployersRx, is more ideologically flexible than business coalitions tend to be. EmployersRx said it’s “intrigued” by Speaker Nancy Pelosi’s drug pricing bill — one dismissed as bad for business by the usual suspects of corporate lobbying.
These employers have “had enough of being the sucker at the table,” as one group member put it, and now they’re ready to put their ample resources to use.
Read more.
As STAT’s Nicholas Florko reports, a slew of large employers have formed an advocacy group to go after the rising cost of medicine. And the group, called EmployersRx, is more ideologically flexible than business coalitions tend to be. EmployersRx said it’s “intrigued” by Speaker Nancy Pelosi’s drug pricing bill — one dismissed as bad for business by the usual suspects of corporate lobbying.
These employers have “had enough of being the sucker at the table,” as one group member put it, and now they’re ready to put their ample resources to use.
Read more.
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